Rat and Mouse
Wed
06
May
Market report - sharp fall on Halifax Index

The Halifax House Price Index shows a 1.7% fall in April, leaving the price of the average home 17.7% down on the same time, 2008. It leaves the index at 2004 levels. Comparing first quarter averages, London is showing a 20.9% slide, more than the UK average of -17.5%, and the biggest fall on the UK mainland.

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Comments

I have not seen any real price drops in my local area for months however a recent look on rightmove confirms that people seem to be accepting their houses are worth less than they were and dropping the prices.

Posted by Dave at May 6, 2009 1:49 PM


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